The big picture: Not long ago, Bitcoin and other cryptocurrencies were supposed to be the future of money and blockchain technology was poised to revolutionize everything. But now, nobody seems to remember the blockchain revolution anymore – a solution still in search of a problem – and Bitcoin remains a niche market for financial speculators.
Forward-looking: The creator of the World Wide Web has disavowed Web3 as the future of internet's most successful and popular application. He is proposing Solid, a new decentralized effort not based on blockchain, as a possible solution to the issues the web is facing at the moment.